According to the analysis, LTC appears to be forming an ending diagonal pattern, representing wave (C) within a broader flat correction. This type of formation typically appears in the final stages of a correction, suggesting that the overall corrective move may be nearing completion.
Factors Supporting This Scenario Another important factor is the presence of a well-defined reversal pattern forming near the lower boundary of the structure. Price action in this region shows signs of stabilization, indicating that momentum is shifting and selling pressure may be weakening.
